California Competes Tax Credit Program

The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over $180 million available in tax credits by applying in one of the three application periods each year. Applicants will be analyzed based on twelve different factors of evaluation, including number of full-time jobs being created, amount of investment, and strategic importance to the state or region.

Application Period Timeline: For the remainder of the 2022-2023, applications for the California Competes Tax Credit will be accepted during the following periods:

·      January 3, 2023 – January 23, 2023

·      March 6, 2023 – March 20, 2023

Please refer to the Notice California Competes Tax Credit Fiscal Year 2022-23 for more information.

For additional guidance with the CCTC program CLICK HERE

California Competes Webinars

Prior to each application period, GO-Biz hosts online webinars about the California Competes program. All businesses are encouraged to participate in the webinars to review the program and receive instructions on how to apply. Below is a list of upcoming webinars:

·      January 12, 2022 3:00 pm – 4:00 pm PDT Details and Registration

·      January 17, 2022 11:00 am – 12:00 pm PDT Details and Registration Have additional questions? Please contact Go-Biz at: 916.322.4051 or email the Go-Biz Service Desk.

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